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Belarus, Moldova sign agreement on pensions

Society 23.10.2019 | 16:50
Victor Sorocean and Irina Kostevich. Photo courtesy of the Labor and Social Security Ministry
Victor Sorocean and Irina Kostevich. Photo courtesy of the Labor and Social Security Ministry

MINSK, 23 October (BelTA) - Belarus and Moldova have concluded a social security agreement. The document was signed by Belarus' Labor and Social Security Minister Irina Kostevich and Moldovan Ambassador to Belarus Victor Sorocean, BelTA learned from the ministry.

The agreement is designed to ensure pension rights and will apply to citizens living and working (or who worked) in Belarus and Moldova.

According to the agreement, the payment of insurance contributions will be made in accordance with the laws of the state where citizens work regardless of the place of residence. The document enshrines the proportional principle of financial responsibility of the states. Belarus and Moldova will assign and pay pensions for periods of service acquired on their territory after 31 December 1991. During the period of work before 31 December 1991 in the territory of the former USSR, including the Belarusian USSR and the Moldovan USSR, the pension will be awarded and paid by the state, on the territory of which the citizen permanently resides at the time of applying for a pension.

The pension will be paid to the state where the pensioner resides in the currency of that state.

The agreement will take affect after all the internal procedures necessary for its entry into force are completed.

Belarus has concluded international treaties enshrining the proportional principle (the state pays a pension for the period of service acquired on its territory) with Russia, Lithuania, Latvia, Azerbaijan, the Czech Republic (which came into force on 1 October), Estonia (will come into force on 1 March 2020), Poland (the ratification of the treaty is underway).

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